Mayor frustrated at subsidising London Stadium

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Mayor of London, Sadiq Khan has vented his “unhappiness, frustration and anger” at the growing costs of the London Stadium, which he warned would have to be “subsidised for the foreseeable future.

Khan has been quoted in the London Evening Standard as saying “My unhappiness, frustration and anger is that the cost associated with the original conversion is more than we were promised. And… the annual cost of turning that into a culture and music venue is more than predicted — to the extent that it looks as if for the foreseeable future we will be subsidising this stadium.

 Had we known the cost would be as much for conversion as it has been, would that have happened? We’ve appointed a firm to find out what happened. If it’s going to cost us X million pounds to move it from a football stadium to a cultural one and back again to football, it begs the question: are we getting value for money?”
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